Bitcoin Technical Analysis : BTC/USD 13 January 2021

13 January 2021 Analysis (Forex, CFDs, Cryptocurrency)Bitcoin (BTC)BTC/USD (Bitcoin)

Bitcoin Technical Analysis : BTC/USD 13 January 2021

Bitcoin Technical Analysis : BTCUSD

Date : 13 January 2021

Pivot point : 32510

Our preference : rebound.

Alternative scenario : below 32510, expect 31647 and 31133.

Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (33503) but below its 50 period moving average (34403).

Supports and resistances :

35940 **
35416 *
34892
33722 – Last price
32510
31647 *
31133 **

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Trading Central

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